Free Trade Is ________,Because It ________ the Size of the Pie

question 157

Multiple Choice

Free trade is ________,because it ________ the size of the pie available to the economy.

• A) inefficient; decreases
• B) inefficient; increases
• C) good for developed countries only; unfairly changes
• D) efficient; decreases
• E) efficient; increases

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Definitions:

Alaska National Wildlife Refuge

A protected area in Alaska that provides habitat for a diverse range of wildlife, including polar bears and caribou.

Safety Regulations

Rules and standards established to ensure the protection and welfare of the public by minimizing risks and hazards.

Tariff

A tax imposed by a government on imports or exports of goods to regulate trade and protect domestic industries.

Imported Oil

Oil that is brought into a country from another for use or sale.